#SaylorBTCPurchase

Saylor Doubles Down: Strategy Buys $555M in Bitcoin

Strategy (formerly MicroStrategy) has acquired 6,556 Bitcoins for a total of $555.8 million, purchasing each at an average price of $84,785 between April 14 and April 20. This latest purchase brings the company's total Bitcoin holdings to 538,200.

Over $36 Billion in Bitcoin Holdings

According to company disclosures, Strategy has invested $36.47 billion in Bitcoin at an average price of $67,766 per coin. This makes it the largest corporate holder of Bitcoin, surpassing MARA Holdings, the next biggest public investor.

Just two weeks ago, Strategy spent over $280 million to purchase approximately 3,460 BTC. Since January, the company's Bitcoin investments have yielded a 12% return.

Plans to Raise $20 Billion for Further Bitcoin Buys

Strategy appears committed to expanding its Bitcoin holdings, with plans to raise over $20 billion through share sales to fund future purchases, according to sources. Despite Bitcoin’s relatively flat movement in recent months, the company continues its aggressive buying strategy.

Other Institutions Join the Bitcoin Race

Strategy isn’t alone. Institutional investors are also increasing their Bitcoin exposure. Japanese firm Metaplanet recently bought 330 BTC for $28 million, bringing its total holdings to 4,855 BTC worth over $500 million. Japanese retail giant ANAP also entered the market with a $70 million purchase.

Stock Rises with Bitcoin Surge

Strategy's recent Bitcoin acquisition coincides with a stock price increase. MSTR shares rose from $317 to $325 (about 3%) in after-hours trading. This mirrors Bitcoin’s price surge to $87,600. Given Strategy’s heavy Bitcoin exposure, MSTR stock maintains a strong positive correlation with Bitcoin prices.

However, not everyone is optimistic. Crypto analyst Kevin Capital warns that Bitcoin must exceed $89,000 to confirm an upward trend, urging investors to remain cautious.

If Bitcoin continues to rise, Strategy’s stock is likely to follow. Executive Chairman Michael Saylor has emphasized that since